LIC Housing Finance gears up for banking foray

Mortgage lender, LIC Housing Finance (LICHF) is gearing up to apply for a new banking license. The company has appointed two four-member committees to make preparations for banking business foray. It has already responded to the Reserve Bank of India against the draft guideline to float a new generation bank.

November 14, 2011 / 19:59 IST

Moneycontrol Bureau

Mortgage lender, LIC Housing Finance (LICHF) is gearing up to apply for a new banking license. The company has appointed two four-member committees to make preparations for banking business foray. It has already responded to the Reserve Bank of India against the draft guideline to float a new generation bank.

first published: Nov 14, 2011 03:50 pm

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